Sec. 56.004. FILING FEES IN SUITS TO COLLECT DELINQUENT STUDENT LOANS. Notwithstanding any other law, if an institution of higher education brings suit to collect or enforce the repayment of a delinquent student loan, the institution is required to pay in advance one-half of the applicable filing fee and other costs payable in advance to the clerk of the court. If the defaulting borrower prevails in the suit, the institution shall pay the remaining one-half of the filing fee and costs on the date of the final disposition of the suit. If the institution prevails in the suit:
(1) the judgment shall include a finding that the defaulting borrower is liable to the institution for the full amount of the filing fee and costs; and
(2) the institution shall pay the remaining one-half of the filing fee and costs not later than the seventh day after the date on which the defaulting borrower pays to the institution the full amount, including the amount of the filing fee and costs, for which the borrower is liable to the institution.
Added by Acts 2003, 78th Leg., ch. 1266, Sec. 1.17, eff. June 20, 2003.
Structure Texas Statutes
Subtitle A - Higher Education in General
Chapter 56 - Student Financial Assistance
Subchapter A. General Provisions
Section 56.002. Declaration of Policy
Section 56.004. Filing Fees in Suits to Collect Delinquent Student Loans
Section 56.006. Employee Trained in Student Financial Assistance Programs for Veterans and Families
Section 56.0065. Student Financial Assistance Programs for Veterans and Families; Equal Protection
Section 56.007. Exclusion of Assets in Prepaid Tuition Programs and Higher Education Savings Plans
Section 56.008. Priority Deadline for Student Financial Assistance
Section 56.009. Eligibility Based on Graduation Under Certain High School Programs